Kaspersky, a global leader in cybersecurity and digital privacy, is actively addressing the growing cyber threats facing Filipinos as the country’s digital economy continues to expand. But as the digital landscape expands, so do the risks.
The Philippine digital economy is poised for continued expansion, fuelled by the rapid growth of e-commerce and the ongoing development of digital infrastructure, according to the latest e-Conomy SEA report by Google, Temasek Holdings, and Bain & Co. The report projects that the country’s digital economy will grow by 20%, reaching a gross merchandise value (GMV) of $31 billion, making it the fastest-growing digital economy in Southeast Asia.
Meanwhile, the Philippines also saw a significant level of cyber threats from July to September 2024. Based on the latest report from Kaspersky Security Network (KSN), Kaspersky products detected 3,385,368 web-based cyber threats on the computers of KSN participants in the country during this period, with 28.3 percent of users encountering these internet-borne threats, placing the Philippines 8th globally in terms of web threat exposure. Additionally, Kaspersky recorded 4,422,874 local incidents affecting 25.4% of users in the Philippines, ranking the country 63rd worldwide for local threats.
